Results 1 - 10 of 216 for subject:"ponzi scheme"
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March 12, 2009

Bernard L. Madoff’s bail status is the biggest question mark hanging over Thursday’s court hearing, where he is expected to pleads guilty to operating a vast Ponzi scheme....
NYT > Business [ Feed - Focus - Exclude ] by By DIANA B. HENRIQUES at 12:06 AM

March 11, 2009

A small group of firms that represented clients are now being subpoenaed or questioned by regulators....
NYT > Business [ Feed - Focus - Exclude ] by By LESLIE WAYNE and WILLIAM K. RASHBAUM at 11:48 PM
Bernie Madoff is going to plead guilty. The government says he's actually defrauded his investors not of $50 billion, as was previously thought, but $64.8 billion. Staggering. What are the broader lessons of the Madoff scandal? I'll list my own......
Crunchy Con [ Feed - Focus - Exclude ] by Rod Dreher at 11:26 AM
    New York - Bernard Madoff, accused of an "unprecedented" $50 billion financial swindle, was charged on Tuesday with 11 criminal counts that could put him in prison for the rest of his life.     Madoff, 70, a former Nasdaq stock market chairman and money ma...
Truthout - All Articles [ Feed - Focus - Exclude ] at 7:49 AM
When federal agents arrested Bernie Madoff in his Manhattan penthouse, Michael Ocrant was stunned—and not because he thought the Wall Street baron's financial empire was legit. On the contrary, the one-time financial journalist had been the first to cast doubt on Madoff's operation. In May 2001, w...
MoJo Articles [ Feed - Focus - Exclude ] by Bruce Falconer at 7:00 AM

March 10, 2009

Bernard Madoff faces spending the rest of his life in jail after US prosecutors revealed he could be sentenced for up to 150 years for the 50bnplus £36.4bn fraud he is alleged to have masterminded....
Telegraph Finance [ Feed - Focus - Exclude ] at 6:42 PM
Bernard L. Madoff, the former financier accused of bilking thousands of would-be investors out of billions of dollars, is expected to enter a guilty plea in federal court in Manahttan later this week, and the deal could carry a sentence of life in prison, according to multiple news sources. Revelati...
FindLaw's Common Law [ Feed - Focus - Exclude ] by findlaw staff at 5:11 PM
Lawyers for the disgraced financier Bernard L. Madoff told a federal judge that Mr. Madoff is expected to plead guilty to charges that could result in his spending the rest of his life in prison....
NYT > Business [ Feed - Focus - Exclude ] by By WILLIAM K. RASHBAUM and DIANA B. HENRIQUES at 5:02 PM | 1 Citations
Bernie Madoff's lawyer, Ira Lee Sorkin, signaled to a judge today that his client would plead guilty to charges, which would carry a life sentence, of running a $50 billion Ponzi scheme. The only gallows humor in this dark, inhuman crime and its inevitable consequence: The prosecutors are also seeki...
Gawker [ Feed - Focus - Exclude ] by Owen Thomas at 4:28 PM
It’s not as though he has many other options, but alleged fraudster Bernie Madoff is preparing to plead guilty on Thursday to swindling thousands of clients out of as much as $50 billion in investments. Los Angeles Times: The guilty plea has been expected since March 6, when Madoff’s law...
Truthdig: Drilling Beneath the Headlines [ Feed - Focus - Exclude ] at 4:18 PM
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